Author : Karl Young.
Published : Tue, Jul 16 2019 :1 AM.
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Accounting for future taxes is complex—impossible to do precisely —because we cannot predict with 100% certainty the outcome of your retirement investments, your future personal situation, or what tax rates will be during your retirement years. Yet, ignoring taxes completely would not be accurate either, so in retirement planning practice, attempt to adjust for your tax liability as best we can.
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